Jay-Z and the artist formerly known as Kanye West topped Greenburg's list (as shared by Vibe) of the highest paid hip-hop acts of 2021, earning a reported $470 million and $250 million . Information provided on Forbes Advisor is for educational purposes only. I started compiling the "Forbes list" of hip-hop's top earners over a decade ago. Hip-Hop has always defined culture. Students saw it as a fallback option.". The two continued to fuel romance rumors at Saturdays boxing match. His most recent purchase is a 154-foot-yacht for $19.5 million, set to be delivered early next year. "The media industry is going through a revolution but it doesn't have any revolutionaries, adds Iervolino. The Marcy Projects mogul added to his $1.5 billion net worth by selling his streaming company TIDAL to Twitter co-founder Jack Dorseys Square for $297 million, a deal that saw Jay join Squares board of directors. 25 with $52 million, made most of her money re-recording albums she first released a decade ago. Brands realize they can no longer sit on the sidelines and test what might work. We the biggest, you know that.. JAY-Z - $470 million 2. Cash Kings is Real or Fake: If you want a quick review of Cash Kings App, we advise that currently it is doubtful. The 50-year-old rapper has also been pumping out albums since 1999 when he dropped his debut, The Calm Before The Storm. Hip Hop's highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasn't done any harm to their pockets. Diddy $75 million Doja Cat $25 million J. Cole $27 million Fast forward a decade, and both artists earnings have increased more than tenfold. Money market accounts (MMAs) are savings accounts that have some of the properties of checking accounts. And then there are the pessimists, the techno-skeptics, he says. KKR Jay Z. These deals havent been hand-to-hand combat, says Jon Landau, Springsteens manager of nearly half a century. The average APY for an MMA is now 0.51%, up from 0.49% last week at this time, according to Bankrate. On April 6, Forbes released its 2021 list. Commissions do not affect our editors' opinions or evaluations. Wiz Khalifa netted $45 million (No. Hip-Hop has, and always will, set trends, says Kim Kaupe, founder of the creative agency Bright Ideas Only. hip hop cash kings earnings. Money is clearly not a thing for Drake, who recently bet over $1.25 million in Bitcoin on the Super Bowl. "They asked me to stay on as chairman, but my curiosity for other industries and my desire to explore other initiativesmeant that, for the good of the university, I shouldn't have a direct role anymore, he says. Nas net worth according to Forbes. Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost from quietly selling a chunk of his publishing in April). We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. "I need stimulation, I'm a real startupper, so Im a dreamer who never stops fighting, he says. Supercharged by the pandemic-driven shift to remote education, it had become one of the largest online universities in Europe, recording $289 million in revenues for the yeara 24% increase from the previous year. 10. Fleetwood Macs renowned guitarist offloaded his publishing catalog to Londons Hipgnosis in January 2021, collecting on a lifetime of hits including Go Your Own Way, The Chain and Tusk., The 1980s heavy metal band, known as much for their hedonism and crazy hair as perhaps their music, sold the rights to songs including Kickstart My Heart, Dr. Eminem $28 million Todays highest interest rate on a standard savings account is 4.64%, according to data from Bankrate.com. Iervolino felt he had accomplished what he had set out to achieve, building an online learning giant that had changed the education landscape in Italy. The showrunner is known for his bevy of CW hits like Riverdale, but most of his income comes from a six-year production deal with Netflix for shows like the psychological thriller You. Even if you assume he paid the capital gains rate of 20% on the bulk of his income after selling centimillion-dollar stakes in Tidal & [Armand de Brignac], hell pay Uncle Sam more than any hip-hop act earned (other than Ye).. Jeff Bezos, Mark Zuckerberg, Elon Musk and Bill Gates are all role models. But the trade-off is youll have to jump through some hoops for the bank or credit union. Longtime 'Hip-Hop Cash Kings' list creator, Zack O'Malley Greenburg announces the year's top earners as Jay-Z and Kanye West dwarfed. All Rights Reserved. Other classic acts to sell their lucrative music catalogs in the past year include Bob Dylan, Paul Simon and Neil Young, who hauled in a combined $500 million before fees, enough for each to earn a spot in this years rankings. Shocking. The Bad Boy Records boss continued to rake in a reported eight-figure salary from his deal with Diageos Croc, on top of lucrative partnerships with brands such as Pandora and Dolce & Gabbana. Kanye West $250 million This is one more than at the start of the year. The 80-year-old Nobel laureate transferred his recorded music and a few future recordings to Sony in July for $150 million. The Forbes Advisor editorial team is independent and objective. Given how far Jay-Z and Kanye have come in the past decade, imagine the financial heights theyll reach ten years from now. Quavo and Chloe Bailey Fuel Romance Rumors With Lunch Date, Pharrell Brings Out Chris Brown at Something in the Water Festival, Chance the Rapper Responds to His Wife After Carnival Dancing Controversy, Chance the Rapper's Wife Responds to Viral Dancing Video, Nelly and Ashanti Couple Up at Davis-Garcia Fight, Offset Appears to Respond to Quavo Amid Rumored Takeoff Tattoo Diss. Maybe there was some incomprehension, but everything was worked out.". Even the comparatively fresh-faced Taylor Swift, No. The rapper . Coming in at No. Youll also want to understand the fees. He sat at No. A former Forbes reporter has compiled a list of the highest paid rappers of 2021. sale of hisTidal streaming service to Jack Dorsey's Square for over $350 million. I aint foolin around Im building assets, the young impresario told Forbes in 1999and he wasnt kidding. 2 with $250 million and Diddy rounded out the Top 3 with $75 million. Estimates are generated with the help of numbers from MRC Data, Pollstar and other databases, as well as by interviewing handlers and some of the artists themselves. But out of the 10 artists on the list, one may have come as quite a surprise. The billionaire do-it-all creator and actor is bringing back the Madea franchise that made him famous but everything he built around it is what brings in most of his earnings, from a multi-year production deal with BET to the 330-acre production studio he works out of in Atlanta. He was seen grinding on a woman during Carnival in Jamaica. "Highest Paid Hip Hop Artists of 2021 (via Zack O'Malley Greenburg aka Forbes Cash List Creator) $470m - Jay-Z $250m - Kanye $75m - Diddy $50m - Drake $45m - Wiz $38m - Travis Scott $35m - DJ Khaled $28m - Eminem $27m - J. Cole $25m - Doja Cat & Birdman" One of the few actors to make the ranking this year, The Rock got only about a quarter of his earnings from roles in films like Jungle Cruise and Red Notice, with most of his Jumanji-sized payday coming from his buzzy tequila brand Teremana. Travis Scott - $38 million 7. A new Kardashian in the billionaire's club:Kim Kardashian West is officially a billionaire, according to Forbes. (This is double the $2.2 billion that the top 25 celebrities earned in 2020.) By 2006, he decided to put his ideas into action, joining forces with his brothers to launch an online university called Universit Pegaso, better known as Pegaso. Something went wrong. Thursday, April 11, 2019 at 4:39 PM by Jackline Wangare. Music at VEVO Power Station on March 19, 2011 in Austin, Texas. "I feel fortunate," says Iervolino, who recently spent some of his spoils on a home in Rome that's "right next to the Roman Theater of Marcellus, the most beautiful monument in the world. The Dividend Kings in 2021 are U.S. stocks that have grown their dividend for at least 50 consecutive years. 10. Then in late March 2022, he bought a 51% stake in BFC Media, a publicly traded media conglomerate that owns the rights to the Italian editions of Forbes and lifestyle magazine Robb Report. Amazon CEO Jeff Bezos retains thetop spot on the Forbes list with a net worth of $177 billion, up $64 billion from a year ago as a result of soaring Amazon shares. And even as the fortunes of hip-hops next generation rise amid such deals and the continued streaming boom, its as important as ever to watch that throne. 16. She re-upped with Netflix in July and continues to receive hefty residuals from ABC for Greys Anatomy. . Jay topped the list with. Find an account thats insured by the FDIC or, in the case of credit unions, the NCUA. Hip-Hop's Top Earners 2021 1. "This is my biggest regret, because I was making my dream of becoming an entrepreneur come true.". Diddy $75 million Italy was light years away from this. Born in 1978 in the town of Palma Campania (population: 16,000) on the foothills of Mount Vesuvius, Iervolino grew up in a family that prized education. Diddy's millions also come from his Ciroc vodka brand while DJ Khaled, who placed at No. The average APY for high-yield accounts requiring a minimum deposit of $10,000 is now 0.25% APY, down 0.26% from a week ago. I see a rosy future for young people and especially for Italy., This is a BETA experience. Forbes latestlist of the world's richest people includes seven titans of finance, media and fashion who make up an even rarer club: African American billionaires. In fact, it's the wealthiest list yet. The self-made millionaire and proud Kansas City, Missouri native built Strange Music from the ground up and hasnt stopped grinding since its 2000 inception. Leaning forward on a white couch in the gold-accented living room of his villa in central Rome, Iervolino, 45, reflected on the sale. DJ. Another major consideration is whether the account has a minimum depositand whether you have enough money to fund the account. Dr. Dre. Forbes reported West's net worth had reached $1.3 billion last . How To Find The Cheapest Travel Insurance, Compare the Best High-Yield Online Savings Accounts, Best Savings Accounts For Digital Banking, Best Savings Accounts For Automated Saving, Best Savings Accounts For Customer Experience. He says he wants to focus on tech, with investments in several startups and venture capital funds. endorsement deals. 1. Kanye West - $250 million 3. Thats now changing, thanks to the Fed. The blockbuster deal lands the 20-time Grammy winner at No. In a new report from a formereditor for the publication, Jay-Z and Kanye West are claiming the big money throne for 2021. The strike was called off in February, with the editorial board announcing that fruitful negotiations between management and the magazines union had led to the hiring of several journalists. and he holds $122 million in cash and stock, according to Bloomberg. . Today, Forbes is ready to set the record straight by publishing its list of Hip-Hop Cash Kings, compiled from "pretax earnings for living artists whose work is primarily classified as hip-hop. 4, $50 million) and Wiz Khalifa (No. Dre boasts earnings of $110 million before taxes. Super Active 32-Year-Old Dealmaker Is Japan's Newest Billionaire, Meet The Billionaire King Of Rolling Papers, The Cities With The Most Billionaires 2023. Even the embattled Travis Scott made the list despite the deadly crowd surge at his Astroworld festivalhed already stacked up plenty of cash from his Cactus Jack empire and brand partnerships before the tragedy struck. Fans will have a chance to win money and play alongside the rapper during upcoming livestreams. The buyer was Sony Music, parent company of his longtime label, Columbia Records. There's positive people, who have passion and fury in their blood, those who make it. He addressed the challenges of their relationship amid the viral video. Fellow billionaire Ye ranks second, pulling in $250 million over the course of 2021, almost entirely from his Yeezy footwear empire. Eighteen months after the sale, Iervolino has spent at least $200 million on everything from a soccer team and a cybersecurity firm to real estate and a media company that owns one of the countrys most storied magazines. Two years after selling a 50% stake in his company Multiversitywhich he had founded and grown into one of the . Garth Brooks has been crowned the king of Forbes ' annual "Country Cash Kings" list, following the icon's first tour in over a decade. "We always respected each other, and when he [sold Multiversity] he seemed to be the right person to carry the company that I had started forward, says Denis Masetti, the 67-year-old publisher of BFC, who founded the firm in 1995 and still owns a minority stake. Forbes says he makes a whopping $53 million a year and often even tops titans like Jay-Z ( the richest rapper in the world) and Beyonc. Longtime 'Hip-Hop Cash Kings' list creator, Zack O'Malley Greenburg announces the year's top earners as Jay-Z and Kanye West dwarfed the field with dueling nine-figure paydays. Tech N9ne $25 million. All in all, hip-hop's top 20 earned a combined $343 millionread on to se.. 324 likes, 3 comments - VOX News (@voxnews.al) on Instagram: "Reperja nga Florida, Danielle Peskowitz Bregoli, e njohur me emrin e artit Bhad Bhabie, mbajti fj." The list was compiled by former Forbes editor and longtime Hip Hop Cash Kings list creator Zack OMalley Greenburg, who revealed on Twitter that JAY-Zs What you call money, I pay more in taxes line isnt just an empty boast. Please try again later. Read below to see the full list of hip-hops top earners: *Methodology: The list of Hip-Hops highest-paid acts measures pretax income for calendar year 2021 before deducting fees for agents, managers, lawyers and living expenses. It makes him the first active NBA player on . at a $900 million valuation in August. Todays average APY for a traditional savings account is 1.28%, Bankrate says. "The first years were difficult because good professors didn't want to teach at an online university, says Iervolino. "I really see the world split in two. APY, or annual percentage rate, shows the actual return your account will earn during one year. Others scored big independently. Listen Now Topping the 2021 report is JAY-Z earning $470 million. I'm always on the side of the optimists.